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N E W S R E L E A S E |
ASA Urging Congress to Approve Permanent Normal Trade Relations with China March 17, 2000… Saint Louis,
Missouri… The
American Soybean Association (ASA) is taking the lead in rallying producer support for a
message that is critical to the U.S. soybean industry -- “Congress must approve
Permanent Normal Trade Relations (PNTR) with China.” The Chinese market is growing
quickly and could easily become the number one importer of U.S. soybeans and soybean
products. ASA is focused on urging Congress
to approve PNTR for China this year as early as possible. “It’s important to
understand that U.S. markets are already open to Chinese products,” said ASA
President Marc Curtis. “Establishing
Permanent Normal Trade Relations with China will open China’s vast markets to U.S.
products.” The China market has been a priority
for U.S. soybean producers since 1982 when ASA opened an office in Beijing. Speaking at the fifth annual
Commodity Classic in Orlando, Florida, March 5-7, Curtis stressed the importance of the
groundwork that has already been done by saying, “Hats off to the
Administration’s trade team that did an excellent job negotiating the World Trade
Organization agreement with China last fall. That
agreement paves the way for expanded U.S. access to the Chinese market. Curtis continued, “But there is another
critical step that must take place if U.S. farmers are to benefit from this historic trade
agreement. We must get Congress to approve Permanent Normal Trade Relations with
China.”
Making a special appearance at this year's Commodity Classic, Secretary of
Agriculture Dan Glickman said about PNTR, “I believe it is the most important trade
issue facing the agriculture community this year.” In his address to more than a
thousand farmers, Glickman said, “ By joining
the WTO, China would agree to open its market to us as never before. They would cut
tariffs dramatically, to a point lower than many of those levied by our traditional
trading partners. When
it's all said and done, we estimate conservatively that China's accession to the WTO will
mean an additional $2 billion a year in total U.S. farm exports to China by 2005.”
Glickman continued, “In this
case, all the concessions are on their side, and all the benefits are on ours. We've got
nothing to lose by passing PNTR and bringing China into the WTO. Perhaps more importantly, we've got everything to
lose by rejecting it. American farmers and workers would lose the benefits of increased
exports to China, while China's WTO concessions would be extended to our
competitors.” Also appearing at Commodity Classic,
State Department Under Secretary Alan Larson said, “Our bilateral deal with China for
the terms under which it will join the WTO is a great deal for America and American
farmers. We give up nothing, and when China joins the WTO, our access to the world's most
populous country will improve dramatically.” Larson continued, “The numbers are
already impressive: over the past twenty years, China's economy has grown nearly 10
percent per year, and our exports have grown from almost nothing to $14 billion a year.
When China joins the WTO and gets permanent normal trading rights, it is our markets that
will remain the same while China's will become more accessible.” Al Ambrose, Chairman of the National
Oilseed Processors Association (NOPA) said, “While the U.S. gains access to its
growing market, China does not gain any greater access to the U.S. market under the
negotiated agreement, making it a win-win for American exports. We must get this message
to Congress to ensure that the United States shares in the long-term benefits of global
trade.” ASA is actively involved in a
grassroots campaign to get Congress to approve PNTR early this year. Failure to obtain
Permanent Normal Trade Relations with China will stifle U.S. trade and give foreign
competitors free access to vast Chinese markets. --30--
For more information contact: Marc Curtis,
ASA President, (601) 686-2321, mscfarm@tecinfo.com
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